Mayfair-Pacific Reach, Coquitlam - August 2026 Real Estate Report

Mayfair-Pacific Reach, Coquitlam: Your Neighbour Wouldn't Sugar-Coat It, So We Won't Either

The Vibe Right Now

If you've been watching the "For Sale" signs in Mayfair-Pacific Reach lately, here's what's actually happening. The market is taking a breather. Values are sliding a bit, and the neighbourhood sits at the bottom of Coquitlam's growth leaderboard - ranked 13 out of 13 for both houses and condos. That's not a reason to panic, but it is a reason to pay attention.

Houses: The Numbers, Straight Up

The average HonestDoor Price for a house here is $688,098 - up 5.12% from the previous period, which is genuinely good news. But zoom in closer and the short-term picture is softer. The predicted market value right now sits at $654,562, which is already sliding below the 3-month moving average of $663,294. Recent price movement is down 2.77%. So yes, we had a strong run, but momentum is cooling as we speak.

• Average HonestDoor Price: $688,098 (up 5.12% from previous period)
• Predicted Market Value: $654,562
• 3-Month Moving Average: $663,294
• Recent Price Change: -2.77%
• Estimated Monthly Rent: $2,751
• Rental Yield: 5.38% - that is a strong return for landlords
• Airbnb Estimate: $137 per month
• Growth Rank: 13 out of 13 in Coquitlam

That 5.38% rental yield is the real bright spot here. If you are holding a house as a rental, you are doing better than most of your neighbours across the city. The income story is solid even if the appreciation story has stalled.

Condos: Taking a Bigger Breather

Condos in Mayfair-Pacific Reach are feeling more pressure. The average HonestDoor Price is $468,222, down 0.25% from the previous period. The predicted value is actually $538,418 - but that too is dipping below its 3-month moving average of $545,239, with a recent change of -3.18%. We are ranked 13 out of 13 for condo growth in Coquitlam. That is the honest truth.

• Average HonestDoor Price: $468,222 (down 0.25% from previous period)
• Predicted Market Value: $538,418
• 3-Month Moving Average: $545,239
• Recent Price Change: -3.18%
• Estimated Monthly Rent: $2,386 per night average, $2,661 predicted
• Rental Yield: 3.76% - moderate, but not a standout
• Airbnb Estimate: $119 per night, $132 per month
• Growth Rank: 13 out of 13 in Coquitlam

A 3.76% rental yield on a condo is okay - it covers costs in many cases - but it is not the kind of number that makes investors rush in. If you own a condo here and were hoping appreciation would do the heavy lifting, the data says do not count on it right now.

How Does Mayfair-Pacific Reach Stack Up Against the Neighbours?

Here is a reality check. The neighbourhoods right next door are priced significantly higher. Cape Horn houses average $1,496,421. Port Mann sits at $1,367,864. River Heights is at $1,581,530. We are not in that price tier - and that gap matters when you are thinking about where buyers are choosing to spend their money. For buyers who cannot stretch to those neighbourhoods, Mayfair-Pacific Reach is an entry point. For sellers, that context shapes your competition.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about your BC Assessment notice. It reflects a snapshot from July 1st of the previous year. It does not know what happened to prices last month, last week, or yesterday. In a market that is actively moving - and right now it is moving downward in the short term - that government number can be dangerously out of date.

The HonestDoor Price is updated in real time. It is pulling in current sales data, current market signals, and giving you a number that reflects what a buyer would actually pay today - not what they might have paid 18 months ago. If you are a homeowner in Mayfair-Pacific Reach and you are making any financial decision based on your tax assessment alone, you are working with a stale number. Check your HonestDoor Price first. It is the real-world check that your assessment was never designed to be.

The "So What?" - Thinking About Selling This Summer?

If you are a homeowner here considering listing this summer, here is the straight talk. The short-term trend is not your friend right now. Values have dipped 2.77% for houses and 3.18% for condos in the recent window. Sitting at the bottom of the Coquitlam growth leaderboard means buyer demand in this specific pocket is softer than elsewhere in the city.

That does not mean do not sell. It means go in with clear eyes. A few things to keep in mind:

• Price it sharp from day one - overpriced listings in a softening market sit, and sitting listings lose leverage fast
• Your HonestDoor Price gives you a real starting point for that conversation with your agent
• If you are a house owner with a strong rental yield of 5.38%, holding and renting is a genuinely competitive option while you wait for conditions to shift
• Condo owners face a tougher call - a 3.76% yield is moderate and appreciation is not picking up the slack right now
• Buyers from Cape Horn, Port Mann, and River Heights price ranges may look here for value - that is your audience

Bottom line: Mayfair-Pacific Reach is an affordable entry point in a pricey city. That is a real selling point. But right now the momentum is not behind sellers - it is taking a breather. Know your actual number, price it right, and move with the market rather than against it.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.